Author Archives: David Durand

The S&P 500 broke up through the rising bearish wedge yesterday and NOW has broken back down through the top of the wedge, which constitutes the first SELL signal for traders. Do you see the red lines JUST BELOW the … Continue reading →

See the prior post for an explanation of the lines. Today’s chart is positive in that the upper line forming the wedge has been broken to the UPSIDE. That must hold on a closing basis of course to validate the … Continue reading →

The wedge is formed by the two YELLOW lines converging toward the upper right on the chart (see below). The two WHITE lines represent resistance levels the market has been able to successfully trade through to the upside. The RED … Continue reading →

The question is STILL relevant today! Please add your comments about whether you believe the breakouts in the markets particularly in the S&P 500 and in GLD (GOLD) will hold or not. I’ve entered a comment below. Scroll down to … Continue reading →

For now, go HERE for My Latest Comments on the Markets: Market Timing Blog at SunAndStormInvesting.com To receive FREE access to ALL my intraday comments simply subscribe for FREE to my “Tips” newsletter. A password to the “Tips” page on my … Continue reading →

Not very well really, but better than it could have. The “3rd signal” that I wrote about today that is on the website blog along with downside targets you will want to review was 121.15. The GLD market tested that … Continue reading →